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Repairs, Maintenance and Notice to Tenants: What are a Landlord’s Duties?

  Property Management in Maryland Owning a property in a place like Baltimore in Maryland is a great deal. It requires a lot of investment to purchase a property in such city. There can be many reasons to buy a property but if you are buying a property with the intention to rent it out then, there are many things that you need to know. Renting out a property in Baltimore is not an easy task. It takes a lot to find and hire a quality tenant for the Baltimore rental property. Sometimes it requires professional property manager’s assistance in order to manage the property and tenants as well, which can be an expensive affair for you. Hence, before you should invest in rental property there are many things that you must know. When you rent out your property then, along with the home owner you become a landlord for the tenants. Being a landlord you have certain obligations towards your property and tenants during their occupancy period. If you will understand your dut...

Is It Beneficial for Landlords to Collect Rent on Monthly Basis?

The investment on a rental property goes wrong when you find long vacancies. It is definitely not the desire of a property owner to see his property vacant. Rent collection is one of the toughest things to do while managing the property. This is the true outcome hence one cannot ignore it as well.  If you are looking for an effective means of rent collection, you can always hire a property management company. But, it should be your responsibility to fix the way of rent collection. There are many landlords who believe renting out their property for a longer period of time on lease.  Whereas there are few who think that monthly rent collection is the best way. Most landlords rely on term leases to keep renters in place for a set period of time; but would you and your residents benefit from an alternative arrangement? Before you decide on the mode of monthly payment, we are here telling you few of the considerations you can take.  Consideration #1: ...

5 Reasons Why You Cannot Find Renter for Your Baltimore Rental Property

A person invests on a rental property with the intention of making lots of money by hiring renters. But, what if you cannot hire renters for your property? People think that they can earn good returns on investment by just hiring tenants which is not as easy as it seems to be. Hiring a good quality tenant is not an easy task. Sometimes we also require professional property management company's assistance in order to hire best tenants for our rental property. So, if you think you can easily hire a tenant and enjoying monthly returns on investment as rent then, you are probably wrong. Hiring renters or tenants is not an easy task. This requires lots or patience and planning. You need to search a good quality candidate for your rental property so that you can live peacefully that your property is on safe hands. For this you can advertise your property both online or offline, hire a property management company who can help you to find a good tenant, etc. But, even with all the...